Holly Has Recently Graduated from College and Has Bought a House

Multiple Choice

Holly has recently graduated from college and has bought a house that was built 50 years ago for $100,000. She used a real estate agent to help her find and purchase the house, and the real estate agent received 5 percent of the value of the sale, or $5,000, to be paid by the seller of the house. The value of GDP in this case would

A) increase by $100,000.
B) increase by $95,000.
C) increase by $105,000.
D) increase by $5,000.
E) not be affected because the house was not produced in the current time period.